China to Build A Standardised Carbon Emissions Statistical Accounting System

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China's National Development and Reform Commission (NDRC) on Aug 19, 2022 released a plan (“Accelerate The Establishment of A Unified And Standardized Carbon Emissions Statistical Accounting System Implementation Plan”) to develop and launch a unified emissions data measurement and accounting system, to enhance data quality and carbon accounting management. A standardized statistical system for carbon emissions in key industries (including Electric power, steel, nonferrous metals, building materials, petrochemicals, chemicals, construction and building industries) will gradually unfolded in 2023 and further improve by 2025. The key tasks also include building a standardised national database of greenhouse gas emission factors, the establishment and improvement of carbon emission accounting methods for key products, improvement of the national greenhouse gas inventory preparation mechanism.

Key Measures including:

  • Statistical Monitoring: To Strengthen the construction of statistical monitoring capabilities for carbon emissions in the industry, and improve the overall monitoring and measurement system for energy consumption in key industries such as electric power, iron and steel, nonferrous metals, building materials, petrochemicals, and chemicals.

  • Emission Factor Database: To establish a library of emission factors. The Ministry of Ecology and Environment and the National Bureau of Statistics will take the lead in establishing a national database of greenhouse gas emission factors, comprehensively promoting the calculation of emission factors, improving accuracy, expanding coverage, establishing a normalization and standardized update mechanism for the database, and gradually establishing a system for compiling and updating emission factors with wide coverage, strong applicability, and high credibility, so as to provide basic data support for carbon emission accounting.

  • Digital Solutions: To strengthen the capacity building of carbon emission statistical accounting informatization, accelerate the application of modern information technologies such as 5G, big data, cloud computing, and blockchain, and optimize data collection, processing, and storage methods. Explore the application of monitoring technologies such as satellite remote sensing high-precision continuous measurement technology. Support relevant research institutions to carry out basic research such as monitoring, calibration, and simulation of greenhouse gas emissions at the atmospheric, site, and equipment levels.

  • Carbon Emission Methodology Research: To strengthen the consumption of carbon emissions, per capita cumulative carbon emissions, implied carbon emissions, carbon footprint of key industry products and other types of extended measurement research work. Promote accounting research on non-carbon dioxide greenhouse gas emissions, carbon capture, storage and utilization, carbon sinks and other fields, and further consolidate the methodological foundation. Strengthen international exchanges in the field of carbon emission accounting, and actively participate in the formulation of international standards for carbon emissions.

  • Improve Supportive Policies: Provide incentives and policy support for statistical accounting of carbon emissions at the national and provincial levels and financial support for the compilation of national greenhouse gas inventories, and rationally arrange financial budgets and establish a team of carbon emission statistics and accounting experts and human capital.